But this is also a standard move from the INEOS playbook. Go in, strip down the asset, and raise profits — it happened at ...
BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor Elliott Management ...
The oil and gas giant is expected to reverse course on renewable energy commitment due to decreased profits and a shifting ...
BP (BP) is said to be weighing a potential sale of its Castrol-branded lubricants unit, which could be worth about $10B, amid a push from ...
Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...
Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...
UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...
Norwegian oil exploration and production company Aker BP, built from a series of mergers and acquisitions in the last decade, ...
Warren Buffett is a big investor in the oil business, and BP’s performance has been attracting investor attention in results week. When investing, your capital is at risk. The value of your ...
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major because the company needs to make meaningful changes. “Any shift in ...
Climate Crisis 247 on MSN1d
BP’s Renewable Energy Struggles: What It Means For Big Oil’s Green FutureDoug McIntyre and David Callaway discuss the decline of BP’s renewable energy ambitions and what it means for the broader industry. Callaway explains how BP, once a leading investor in wind and solar, ...
BP (NYSE:BP) is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, in one of the many ...
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